The economy might be beginning to find information about, but that does not mean the suffering has ended. Toshiba is only the latest company to announce it were built with a rough quarter to shut the twelve months 2011. The quarter ending December 31st of 2011, saw the organization pull in $18.5 billion in revenue -- nine percent under it did over the same time frame period this past year. What's worse, is the fact that despite everything cash flowing in, japan electronics giant still lost $136 million throughout the fiscal third quarter of 2011. Practically every segment of the organization saw sales decrease, including home appliances, Televisions and electronic products, adding towards the poor performance. Toshiba has additionally modified its forecast for Q4, cutting forecasted earnings in two, although not going so far as to calculate a loss of revenue. Browse the source link for full particulars.
Toshiba announces Q3 earnings: revenues lower, posts $136 million loss initially made an appearance on Engadget on Tue, 31 Jan 2012 15:59:00 EDT. Please visit our terms to be used of feeds.
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